CCIV Analysis

CCIV, is a “penny stock” that has recently gained a lot of attraction and attention to the
trading community. CCIV as a company itself has no operations and no fundamentals. It
plans to acquire lucid motors through the process of a reverse merger, so that Lucid Motors
does not have to go through the complicated process and regulations of a traditional IPO.
Lucid motors currently have only one model of car, the Lucid Air. They currently have no
models out on the market but plan to launch their series in spring 2020. They are currently
unprofitable. Lucid Motors focuses on producing luxury style EV motor vehicles, they are
deemed to be a competitor for Tesla’s model S. The lucid air is a statistically better vehicle in
terms of speed and power on paper. However, we need to remember that they currently have
no profit or revenue stream as they have no models on the market.

Short term:

In believe that the stock is going to follow history and do an exact repeat of what happened
with MRNA stock. “Buy the rumour, sell the news”. The stock is currently pumping, because
of a rumour that CCIV will be merging with Lucid Motors. Lucid Motors are not allowed to
release an official SEC statement, confirming whether this is true or not. However, they are
allowed to deny that this is happening. When CEO was asked, he produced a statement of “no
comment”. This is positive indication that the merger will occur. There is an extremely low
chance of the merger and acquisition not happening. We can see that from the massive
volume from the past few days that this stock is pumping. The stock will continue to pump
until the stock reaches the point of the news itself. It is very important, you do not BUY,
when the news is announced. When the news itself is announced, there will be a huge
selloff with massive bearish intentions. People are buying this stock, indicated by the huge
volume and the bullish price, with the intention of buying the rumour and selling the news.

News announced

Current Position
Sell off commenced

If you have any more questions, please do not be afraid to message me on discord or email
me. vinnie#1355 or uk.vinnienorth@gmail.com
MRNA Price Action during surge for FDA approval

Long term:

Long term(5-10years), this is a valid stock and company, Lucid motors is an EV stock, if we
take a look at the iShares clean energy ETF(ICLN), we can see that EV stock growth is in
fact proportional to EV stock growth. The real questions is if you want to hold this stock for
10 years!

iShares Clean Energy

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If you have any more questions, please do not be afraid to message me on discord or email
me. vinnie#1355 or uk.vinnienorth@gmail.com